Ana Rita Canelas Luz, Paulo Bento, Marco Antonio Catussi Paschoalotto, Renato Pereira
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引用次数: 0
Abstract
Entrepreneurship is widely recognized as a key driver of economic development. At the same time, entrepreneurship is also affected by the economic conditions of the regions where it evolves. In the literature, negative impacts on entrepreneurial performance have been linked to the 2008 financial crisis in the European Union (EU). However, not enough evidence has been provided to support this assertion. To fill this gap, we tested the relationship between economic, social, and government conditions and entrepreneurial performance. We did this for opportunity entrepreneurship (OPP), necessity entrepreneurship (NEC), and total entrepreneurial activity (TEA), for the period 2003–2018, which covers before, during, and after the financial crisis. We considered 21 EU countries and applied descriptive, correlation, and multiple linear regression analyses. Our results demonstrate that (a) there is a positive and significant correlation between NEC and OPP, GDP per capita and OPP, unemployment and TEA, gender ratio and age, gender ratio and education, education and TEA, population and NEC, government indicators and GDP per capita, and government expenditure and NEC, and a negative and significant correlation between GDP per capita and TEA and (b) economic and government conditions had a negative impact on TEA, in contrast to a positive and negative impact on NEC. Social conditions are mixed for TEA and NEC and positive for OPP. The effects on economic conditions were mixed for OPP. Therefore, our study impacts practitioners by demonstrating the factors that do or do not impact entrepreneurial activity in the EU. Additionally, our study expands upon previously analyzed factors that influence entrepreneurial performance, promoting value and originality in the area.
期刊介绍:
Competition in international markets was traditionally the realm of large companies, with smaller firms tending to remain local or regional. Internationalisation was an expansion option of interest to some enterprises, but seldom was it a competitive necessity. Many opted to avoid the uncertainties of competing in foreign markets, and simply kept their firms small and local. Traditional internationalisation theories, therefore, focused mainly on large multinational corporations, and were less pertinent to smaller firms. With the liberalisation of trade, however, domestic firms are threatened by international competitors that are penetrating formerly protected markets. Nowadays, internationalisation affects everyone, whether or not they wish to internationalise themselves. The threats and opportunities of internationalisation must be addressed.
Globalisation is transforming the competitive environment of small and large players alike. As a result, internationalisation issues will continue to be increasingly important to business. Public policy agendas already include programmes to help entrepreneurs become successful at internationalisation. There is a growing need to understand internationalisation in the context of entrepreneurship, as well as large multinationals.
Knowledge of how, when and why firms internationalise - either incrementally or not - will surely be the focus of energetic researchers. Yet, up to now, academia has been lacking a journal dedicated to internationalisation issues. To fill this niche, the aforementioned editorial team wishes to offer an outlet for high-quality research addressing the opportunities and challenges intrinsic to internationalisation.
The primary audience for this journal will be researchers of entrepreneurship and international business. In addition, readership is certain to include business-people and policy-makers.
The editors invite submissions that analyse internationalisation, combining theore tical and empirical work. Researchers will be encouraged to conduct comparative studies, and to evaluate competing theories. The composition of the editorial team - including experts in international business and experts in entrepreneurship - is designed to avoid editorial bias. Every effort will be made to reach a first decision about a submission, within sixty days.
Officially cited as: J Int Entrep